CID HoldCo closes ~$65M Envoy acquisition from BladeRanger, issuing 233,543 shares and 8.4M preferred

CID Holdco, Inc.

Envoy-Side Shares total 10,833,333 (233,543 common + 8,433,123 Series C) at $6.00 reference price, ~$65.0M; pre-closing shares outstanding 2,337,767.
BladeRanger gets ~$52.0M; Blink Charging's $12.5M Envoy convertible note converts to 2,166,667 shares (~$13.0M) after stockholder approval and S-1 effectiveness.
Voting Agreement: CEO Edmund Nabrotzky, Phyllis Newhouse and ShoulderUp 2021 Trust (245,842 shares, ~10.5%) will vote for approvals incl. a reverse split for a $4.00 bid price.
CID may force conversion up to 100% of the note if stockholders' equity falls below $3,000,000 or Nasdaq raises Rule 5550(b)(1); company cites ~$2.5M equity as of filing.
Registration Rights Agreement signed with BladeRanger, Blink and H Capital ($550,000 convertible note); S-1 due 60 days after Envoy's Rule 3-05 financials are delivered.

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